Near the end, the whole market volume was light tungsten

Tungsten market: Near the end, the whole market volume was light tungsten, demand continues to slump, lack of business confidence tungsten, tungsten considered late or have lower prices, but by the cost of support, losses were limited. Scheelite recent days cash transaction price or slightly lower, partly Scheelite holding business cash shipments will increase slightly, offer high tungsten products or have dropped.

Molybdenum market: International Molybdenum City because there is not enough demand to support has dropped slightly, the domestic market is still the main stable, companies offer strong, but the result was unsatisfactory, there is no significant increase in the actual volume, sentiment breeding.

Downstream market performance varies, molybdenum iron poor market orders, dealers still back to back transactions, some steel mills step by step approach, but the price pulled Difficult. Short-term market is expected to remain stable.


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